14. key difference between open-end mutual funds and Exchange-traded funds (ETFs) is that ETFs are traded like stocks on the exchange while open-end mutual funds can be bought or redeemed at NAV from the fund itself.

A) True B) False

15 If stock returns follow a normal distribution, we can predict that about 68% (to the nearest percent) of return observations will fall within one standard deviation of the mean return.

a. True b. False

PLEASE GIVE EXPLANATION